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20130819
20130819
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, that could to cut as many as 4,000 jobs, 5% of the workforce. it wasn't all bad. fewer u.s. workers are being laid off. the weekly count of initial claims for state unemployment benefits dropped to the lowest level since october of 2007. charges have been brought up in the jpmorgan chase london whale investigation. manhattan u.s. attorney has brought conspiracy and wire fraud charges against two former traders known for outside derivatives bets that led to a $6 billion loss for jpmorgan last year. >> regulators need to be more vigilant. as i have been saying for some years now companies themselves need to pay closer attention to the cultures that they create. >> and elsewhere an airline delay, justice department filed suit to block the proposed merger of u.s. airways and american airlines citing concern of reduced industry capacity. the proposed merger would create the world's largest airline with more than $48 billion in annual revenue. >>> barry knapp, head of u.s. equity at barclays. zachary contractorabal president of river twice research and reuters and the atlantic, good did see you, th
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